UPDATE 1-UK Stocks-Factors to watch on Aug. 10

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Aug. 10
Credit: © Reuters.

(Adds futures, news items)

Aug 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 29 points higher at 6,061 on Monday, according to financial bookmakers, with futures FFIc1 up 1% ahead of cash markets open.

* SUPERDRY: Fashion retailer Superdry SDRY.L said it has agreed with its lenders a new 70 million pound lending facility to get it through the coronavirus crisis. CAPITA: Outsourcing group Capita Plc CPI.L said it has received an extension to its contract with Transport for London from October 2021 to October 2026 for 355 million pounds. BP: BP BP.L will need to invest tens of billions of dollars over the next decade and may have to accept lower returns than it can get from oil if it is to meet its target of becoming one of the world's largest renewable power generators. BARCLAYS: Barclays BARC.L is being probed by the UK's privacy watchdog, the Information Commissioner's Office, over allegations that the British bank spied on its staff, the agency said on Sunday. ASTRAZENECA: Brazilian billionaire Jorge Lemann's foundation and other business interests will fund the building of factory to produce the COVID-19 vaccine being developed by Oxford University and AstraZeneca AZN.L . OIL: Oil prices climbed, supported by Saudi optimism on Asian demand and an Iraqi pledge to deepen supply cuts. GOLD: Gold prices fell as the dollar held onto gains following better-than-expected U.S. payrolls data, while investors kept a close eye on Sino-U.S. relations ahead of scheduled trade talks. The UK blue-chip index .FTSE closed flat on Friday as a commodity-linked slump offset gains by some upbeat earnings and AstraZeneca, while an index of more domestically-focused stocks rose on growing hopes of a trade deal with the European Union. For more on the factors affecting European stocks, please click on: LIVE/


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